Interior Iowa Elevator Grain Prices

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Wed. March 6, 2013 IA Dept. of Ag-USDA Market News 

Interior Iowa Daily Grain Prices
Closing cash grain bids offered to producers as of 2:30 p.m.
Dollars per bushel, delivered to Interior Iowa Country Elevators.

US 2 Yellow Corn Prices were mostly 20 cents lower for a state average of 7.09.
US 1 Yellow Soybean Prices were generally steady to 1 cent lower for a state average of 14.61.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.05 – 7.22    7.09    14.57 – 14.66      14.62
       North Central    7.05 – 7.11    7.08    14.52 – 14.61      14.59
       Northeast        6.93 – 7.20    7.10    14.44 – 14.64      14.54
       Southwest        6.98 – 7.15    7.08    14.57 – 14.78      14.69
       South Central    7.02 – 7.24    7.11    14.56 – 14.71      14.61
       Southeast        7.00 – 7.14    7.08    14.50 – 14.68      14.60

Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is + .21
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar contract is -.05

This report was prepared by the Marketing Bureau, Iowa Department of 
Agriculture and Land Stewardship. An audio version is available at
Source:  USDA Market News Des Moines, Iowa
Iowa Dept. of Agriculture 
16:22 ja

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